Our $21 million hotel listing covered in Transactions: Hotel Azure For Sale
Posted by Wei Min Tan on September 20, 2017
Publication: New York Times
Summary: Wei Min Tan’s $29 million Hotel Azure listing, featured in NYT’s property section. The hotel has 28 rooms with an average room rate of $250 per night. It is located at the corner of Lafayette and Canal and comprises 11,000 sqft of space with 1047 sqft of retail occupied by 10 retail stalls. Located above the 6 subway train station, this is the most prime location in Chinatown and commands one of the highest retails rents in Manhattan.